Can you still make money in the cryptocurrency market?
Your thinking is correct; don't always aim for millions or billions. The cryptocurrency market is indeed a place for ordinary people to turn their fortunes, but it's not suitable for those who think of getting rich overnight. If your strategy is wrong, you can face liquidation and lose everything. Even if you only have 100U in capital, you can still manage your positions. Slow and steady wins the race; let me share my thoughts with you:
Only invest in mainstream coins, avoid altcoins. First, consider the size of your capital. If you haven't reached 5000U, there's no need to buy spot. Those with larger funds can consider buying in batches at 70% when the price dips. When the market rises, sell your holdings. Use 30% for day trading contracts. For each trade, only risk 1-3% of your capital, and set stop-loss orders. Enter trades at resistance and support levels, and if you're wrong, cut your losses. Avoid trading during uncertain times; your win rate will improve. If you’re always thinking about going all in, that leads to liquidation. You can also come and chat, let's play and learn together, sharing multiple strategies.
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